Faroe Islands Government Spending To GDP

Government spending in Faroe Islands was last recorded at 47.7 percent of GDP in 2017 . Government Spending To GDP in Faroe Islands averaged 53.23 percent from 1998 until 2017, reaching an all time high of 59.70 percent in 2009 and a record low of 47.50 percent in 2016.

Government Spending To GDP in Faroe Islands is expected to be 45.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Faroe Islands Government Spending To GDP is projected to trend around 44.00 percent in 2020, according to our econometric models.

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Faroe Islands Government	Last	Previous	Highest	Lowest	Unit
Fiscal Expenditure	9745.00	8928.90	9745.00	3948.40	DKK Million	[+]
Government Budget	5.10	2.60	12.60	-4.90	percent of GDP	[+]
Government Budget Value	708.00	950.70	1745.30	-592.10	DKK Million	[+]
Government Revenues	10453.10	9879.60	10453.10	5103.90	DKK Million	[+]
Government Spending To GDP	47.70	47.50	59.70	47.50	percent	[+]

This page provides - Faroe Islands Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Government Spending To GDP - actual data, historical chart and calendar of releases - was last updated on December of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	47.70	47.50	59.70	47.50	1998 - 2017	percent	Yearly

Country	Last		Previous	Range
France	56.00	Dec/18	56.4	57.2 : 45.2	%
Italy	48.60	Dec/18	48.9	56 : 46.6	%
Euro Area	46.80	Dec/18	47	52.8 : 45.4	%
Germany	43.90	Dec/18	43.9	54.7 : 42.8	%
Netherlands	42.20	Dec/18	42.5	59.3 : 42.2	%
Spain	41.30	Dec/18	41	48.1 : 38.3	%
United Kingdom	39.40	Dec/19	40	46.5 : 34.5	%
Japan	38.90	Dec/17	39.05	40.91 : 35.03	%
United States	38.00	Dec/17	38.2	43.3 : 33.4	%
Switzerland	32.50	Dec/18	33	34.7 : 28.2	%
South Korea	32.26	Dec/16	32.3	34.9 : 18.6	%
India	13.04	Dec/18	13.22	19.42 : 11.81	%